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of losses as investors wait for the new uk growth data. >> and in the u.s., a top fed official says the central bank will likely exit its current monetary stance next year, but a rate hike is still a ways off. >> hello and welcome to cnbc's "worldwide exchange." we'll kick off with the global equity session right now. the ftse cnbc global 300 is 22 points higher. we had the european markets yesterday down some 21 points or so, but we've reversed that an hour into trade right now. this is where we currently trade. the ftse 100 up nearly 0.5%. the dax up 0.835%. cac up 0.8%, as well. the dollar is trying to make gains today, as well. dollar edging back to 94 against the yen. euro/dollar, 1.4331. sterling/dollar, 1.6282 after getting below 1.62 and euro/sterling on that 0.88 mark. christine, good to see you. >> hey, ross, good to see you. happy friday. here in asia, increased confidence from the global economy helped to pull stocks higher, but not the picture we're seeing in shanghai right now. this particular market ending lower 279%. that dragged down the hang seng, as well, down 0.7
's been the last 24 hours or so at 3.33%. u.s. yields here moved fairly high yesterday as we saw a bigger appetite for risk and a lot of folks moved out of the bond fixed income market. we've got the ten-year notoriety now at 3.63% and gold at the moment not attracting too much of a bid, either, with a lot of folks continuing to have that appetite for risk. credit teen. >> bertha, joining us now for market strategy, we have christian baberg market strategist glaxo bank and hopefully we will have steven teich later in the show. christian, do you think markets are too optimistic? >> yes, we do think so. if you look at what's going on in markets right now, markets are pricing in that consumers will start a pick up in demand. namely, that inventory to a certain part will have to be refilled. but from that point on, markets are pricing in a huge pick up in consumer demand and quite frankly, we've had some difficulty seeing where it's coming from. because if you see what consumers are doing, especially in the united states but also in europe, there are savings more now, the savings rate in the
morning 10:00 eastern time. 7:00 a.m. on the west coast. for all of us on the news team, thanks for trusting us for your news and information. mr. bill o'reilly is next. good night. laura: "the o'reilly factor" is on, tonight. >> we need affordable, accessible, health care. that's what he dedicated his life to. in his memory i will do everything i can to help achieve that goal. laura: are democrats using senator ted kennedy's death to push for health care reform. will it hurt or help their cause? >> i believe that the cia's best days are still yet to come. ufer will have my support as you carry on this critical work. laura: but with the attorney general investigating the cia and threatening to prosecute interrogators, some say the administration is waving the white flag in the war on terror. [sirens] and president obama now wants september 11th to be a national day of service. is that the best way to remember the thousands of americans who lost their lives on that day? caution, you are about to enter the no spin zone, the factor begins right now. [captioning made possible by fox
's family said we've lost the irreplaceable center of our family and joy us light in our lives. but the inspiration of his faith, optimism and perseverance will live on in our hearts forever. president obama released a statement saying that the u.s. has lost, quote, the greatest u.s. senator of our time. and massachusetts residents are also more than being the loss. >> it's sad, sad. >> it's an impact for the whole country, especially on the political level. >> reporter: known to his friends and family as teddy, kennedy was a dominant force in the u.s. senate for nearly a half century. as the third longest-serving senator, he put his touch on every major piece of legislation that cleared congress. on capitol hill, the flag is flying at half-staff. kennedy's death will leave a gaping hole in the senate. last week, we learned he asked massachusetts leaders to change the law that regulates how he's replaced. current and state law requires a special election to take place nearly five months after the vacancy. but kennedy wanted the govern to avalentine a temporary replacement in th
. laura: are democrats using senator ted kennedy's death to push for health care reform. will it hurt or help their cause? >> i believe that the cia's best days are still yet to come. ufer will have my support as you carry on this critical work. laura: but with the attorney general investigating the cia and threatening to prosecute interrogators, some say the administration is waving the white flag in the war on terror. [sirens] and president obama now wants september 11th to be a national day of service. is that the best way to remember the thousands of americans who lost their lives on that day? caution, you are about to enter the no spin zone, the factor begins right now. [captioning made possible by fox news channel] captioned by the national captioning institute --www.ncicap.org-- laura: hi, everyone. i'm laura ingraham, reporting tonight for bill o'reilly. thanks for watching us. playing politics with senator kennedy's death. that's the subject of this evening's talking points memo. it only took a few hours after the death of ted kennedy for democrats to begin using his death to
they themselves were killed. captioning funded by cbs >>> good morning, everyone. thanks for joining us. i'm ross palumbo in for michelle guillen. >>> former president bill clinton arrived in north korea this morning to try to secure the release of two american journalists held there since march. mr. clinton's unannounced trip comes amid growing tension over north korea's nuclear ambitions. tara mergener is live with the latest. >> reporter: former president clinton arrived in north korea oms i he is there with two major goals. he arrived in north korea on a mission. to bring two american journalists back home. >> it may be a face-saving measure by the north koreans, saying we need a high level, prominent american person to come over, and then we'll go. >> reporter: euna lee and laura ling were working for al gore's current tv when they were tried in march. they were tried, convicted and sentenced to 12 years hard labor for crossing the border illegally and committing grave crimes. >> all we can say to the government of north korea is we desperately beg for mercy. >> reporter: washington has been
aboard, folks. 6:00 in new york city. thank you for joining us. brian is off. peter is here today. peter. good morning. gretchen: let's talk about bill clinton. haven't heard about him for a while. he has been dispatched to north korea to try to bring those those two americans who have been in prison. they were ordered to 12 years of hard labor, laura ling and yuna lee. now the president -- it's unclear who requested him to come over to north korea, but can he get the job done? he's known as a diplomat. the rest of the world basically loves this guy. can he make his magic work there? steve: the two women were working for a company that was owned by al gore. and al gore does have an association with bill clinton. i believe they worked together back in the 1990's from what i remember. >> they don't like each other, i don't think. steve: then why is he here? apparently one of the families said, remember, we've imprisoned the girls for 12 years because we think they were spies. but, you know what? we would release them to bill clinton. if bill clinton shows up, laura ling and yuna lee, we mi
a result of cash for clunkers...but are they doomed to repeat the same mistakes that led to the u-s auto industry collapse? plus, oil and copper have been red hot as the global economy tries to pull itself out of the recession. what *commodities may be telling us about the economy. and healthcare remains front and center..a look at medicare part d...and the prescription drug program's impact on patients and nvestors. a02 " was a very loud stock market rallied is given away to make quite rowdy last seven trading sessions the dow jones industrial average has climbed higher by almost 5% we are seeing the dollar levels we haven't seen since the week after last halloween. the banks have been holding their own as well participating in this rally and the fdic now is making it easier for private equity for us to buy the failing banks by easing the regulations on capital requirements in this move happens as the pace of the bank failure since to pickup more than 80 banks have been shut down by fdic in and last year been fair with the number total to over 900 and time the fdic has been more
, pushing for a bill without a single republican vote. >>> also, deadly violence against u.s. forces and election workers in afghanistan just hours before the polls open in this country's critical presidential vote. we are on the ground seeing first hand what election officials are up against. >>> and a big-city city mayor is speaking out about the brutal beating that sent him to the hospital. but so far, the family of the accused attacker is also speaking and now conflicting stories are beginning to emerge about what really happened. wolf blitzer is off today. i'm suzanne malveaux in cnn's command center for breaking news in politician and extraordinary reports around the world. you're in "the situation room." >>> first, we begin with breaking news. a decision reached in a case the u.s. has been watching very closely, trying to fervently influence. should a terminally ill man convicted in the bombing of pan am flight 103 be granted compassion nal release and be allowed to die at home? our cnn homeland security correspondent jeanne meserve is joining us live. what are we hearing abou
-- in fact, i'd like to ask all of us do you get the sense that the government speaks with one voice on these matters? i guess >> i guess from our limited view of the contract, i would say yes. >> i don't see anything but a single voice. >> okay. mr. houck >> i would agree with the exception of dcma. we have received very little input oversight from my knowledge from dcma. in fact, they contacted us for the first time just last week. >> really? >> yes, sir. >> thank you very much. that's fascinating. i'll yield my last 30 seconds. >> commissioner tiefer? >> mr. houck? >> yes, sir. >> on the issue of you having had no choice left to you by inscom but to cut linguists' salaries, would you undertake to give our staff -- would you have some high level people who know the stuff in your place give our staff a briefing with actual records and actual figures as opposed to the alternative of simply reducing the ridiculously set-up subcontracting structure which your contracting officer could have done for you on a partial termination for convenience? >> we will welcome the opportunity, sir, t
another video of george sodini. this time, at a controversial dating seminar. what does it tell us about the killer? >>> the new swine flu rules. the government releases new guidelines, suggesting three shots this year. but is it safe? >>> a sister's celebration. lisa ling tells us how her sister is coping after months in captivity. and what really happened in north korea. >>> and a triple-play in the park. three of the biggest stars from "american idol" perform live in three of the biggest stars from "american idol" perform live in our summer concert series. captions paid for by abc, inc. >>> and good morning, everyone. alongside chris cuomo, i'm robin roberts. diane is off, on this friday, august 7th. and we continue to learn more about the man who opened fire on an aerobics class earlier this week. >> we have a team of reporters looking into this. insight into him will help going forward. and this is a relationship class. a tough-love tutorial, with him participating. >> this, as the victims' families prepare to say good-bye. the funerals tomorrow for three women killed. >> john berma
with his rosy view? >> this morning, we received additional signs that the worst may be behind us. though we lost 247,000 jobs in july, that was nearly 200,000 fewer jobs lost than in june. >> he says the worst is behind us. is it? the jobs report capped a week of mixed economic messages including revving car sales and the sinking value of your home. >> reporter: the upbeat jobs report is little xofrt to greg thompson who feels fortunate the unemployment benefits he collects at the one stop career center in washington, d.c. were recently extended. >> for me, i'm glad it is. but there's no job. >> almost half of u.s. homeowners, that's 25 million homes, will be under water by 2011. home prices, according to this report, will fall another 14%. >> reporter: major automakers reporting a boost in sales, thanks to the government's cash for clunkers program. consumers giving thanks too. >> all right, those messages all week long. this hour we compare your thoughts about the nation's economy. how does it match up with the latest indicators of the housing, auto and job markets? and what about the
, as well, currently standing at $72.34. the weekly u.s. inventory reports coming out today, 10:30 new york time, a dow jones forecast is calling for oil to fall by 600,000 barrels, gasoline to drop by 1.1 million barrels and distillates to rise by 300,000 barrels. what does this wednesday have in store for u.s. stocks? for that, we'll check in with mike in the u.s. good morning to you, mike. good afternoon and thank you, maura. kind of an interesting move in oil after hitting $75 a barrel and closing lower. but here in the states, it looks like the dow, at least, could roll a lucky seven when the opening bell rings in, what, 5 1/2 hours from now? all of the three major indices pointing toward a higher open this morning. and interesting, i think worth pointing out, is that the nasdaq is up a whooping 660% off of the march lows. even with stocks moving higher yesterday, we saw the price of treasuries going up, as well. let's take a look at what the bund is doing this morning. we have the yield on the bund creeping up ever so slightly at 3.26%. the yield on the benchmark ten-year t-note here
susteren. thank you for being with us. [captioning made possible by fox news channel] captioned by the national captioning institute --www.ncicap.org-- greta: speaker pelosi is going to box steny hoyer's years. did you hear what he said? the president is getting slammed with some new numbers. protesters take to the streets over health care. this is no town hall. angry people calling for a boycott of whole foods because the ceo of the company dared to disagree with our president. did we do all we could, the libyan terrorist blew up 270 people and now the killer is home. he is relaxing with his family. he only served 8 years. that is less than 14 days for every person that he killed. john bolten tells us how this happened. first, the democrats seem to be tripping over themselves in the house. nancy pelosi said she cannot pass a health-care bill without a public auction. today, steny hoyer doesn't change. he says the public option might have to go. who was on first? the inability of the leaders to get on the same page can be nothing but bad news for president obama. according to a
. >> the words that she used, the fact that she was on a cell phone and somebody did it anyway. the location, as i understand it, is not a location where somebody would be driving around looking for a random victim. >> you'd have to go out and interview almost everybody she knew, particularly the probationees or parolees. you cannot omit anybody. >> and tonight, live to anaheim. a quite community reeling after a suitcase discovered in a communal duct is revealing a body. the petite small-framed young woman remains unidentified. who is she? how did she come to be murdered and then thrown away like trash? tonight cops work around the clock to make an i.d. >> i reached over into the dumpster with my finger and pulled up the flap with my finger and i discovered the body. >> a shocking discovery. a 20-something woman's body found in a suitcase. police looking for who did it. >> officers received a call about 7:00 this morning from a subject that had been looking for recyclables in the dumpster. while looking for recyclables, he came across a suitcase and while looking at the suitcase, he came acr
morning, obviously, ann thompson of cnbc in hyannis port bringing us the news. john harwood is our chief washington correspondent and joins us in d.c. today. john, people are going to immediately turn, at least in the business world, to try and answer questions about what this means for the liberal agenda, business policy going forward. do you see any effects in the short to medium term? >> i doubt it, carl. you know, ted kennedy is, as that statement from barack obama said, the foremost legislator of this time. his career had incredible impact for decades. his family had an even greater impact for an even longer period of time. he's one of 60 votes in the senate. there are many like-minded senators. there are strong committee chairs trying to move health legislation and i think democrats will try to use the emotie emotional bounce and umph from this moment and the grief people are feeling to try to propel this initiative forward. but i don't see a very, very large impact in the short-term or the medium term. democrats are going to end up with another senator from massachusetts, whenever
about when u.s. troops will leave afghanistan. the man said to become the senior advisor predicts the u.s. will be fighting in the country for two more years. at that point he says troops will either turn power over to an improved afghan force or, quote, lose and go home. meantime, a report on the war is due out in eye few weeks which may -- a few weeks which may lead to a request for additional u.s. forces. an accused killer in his own words. we warn you. this video is disturbing. the lone gunman who murdered three women in a pennsylvania gym recorded this video. in the video which was posted last year on youtube, he ranted about. >> my objective is to be able to emotionally connect with people. because when i'm 10 to 20 years older than she is, she has to feel good about this thing. gretchen: three women were killed, nine wounded when he opened fire on an aerobics class. we're also learning that he bought guns from the same online dealer who sold weapons -- uh-oh -- to the virginia tech shooter. new information on the two american journalists just released from north korea. lisa ling sa
-- on that note. i disagree for the simple reason that this country has not been so nice to many of us. now, i am black. another history a little better than the gentleman who called earlier. he is not so nice. we thank god for a family like the kennedys because what has come into fruition has been four thinks -- we have a black president, we had a black governor -- these are initiatives of a good family that god uses. see, we think we're got and have more power than guide. hear this from people who are negative, people who think they really know god, but one good thing is that along with being liberal is that you to whom much is given, much is required. now in the bible all those who are blessed are supposed to give and help. host: mm-hmm. caller: in the jewish religion, the favorites of god, those who gave gave, those were blessed blessed. the remnant of those who are supposed to keep it in carrying it on, so we find a remnant in the kennedy family. host: thanks for the call. more opinion from inside "the washington post." only gerald ford and bill clinton have had worse ratings after seven mon
to tell us know about the tropical storm danny. >>> yes, danny. as it moves up along the eastern shore -- not the eastern shore but near the eastern seaboard, north carolina it could be a hurricane, and tailing off to the north and east, but it could bring heavy rain for the weekend. >> oh, jeez. >> umbrellas. >> yes, absolutely. >> before we get there, tonight, the rides at the state fair, maybe some light showers and thunderstorms around. >> oh, no. >> spotty, so we hope not not to see that. before you get on those rides, you're maybe taking a bus to school. 70 degrees, partly cloudy skies, that is the way it is heading out this morning. 76 degrees downtown looking at the temperatures in the mid-60s throughout the area. sky watch radar indicating showers through pennsylvania for now. later in the day there could be a couple of isolated chances for showers and even a thunderstorm. we don't expect anything that strong. as we put things into motion in the future scan model, a better chance for showers for thunderstorms comes tomorrow as we get the influence of the thunderstorms, the fro
. he spoke to us by phone from new york. >> mr. shriver was really an authentic american hero. the work that she did touched honestly millions and millions and millions of lives and when you look at the shriver family between special olympics and the peace corp. and best buddies, they really apit mize what public service is all about. mr. shriver was such a role model for so many people around the world, certainly in our local area and this is a huge loss for our community. >> she met him en he was a classmate. we have much more coverage of the life and legacy of eunice kennedy shriver on our website, wusa9.com. attached to the story you'll find a slide show and the entire statement issued by the special olympics about her passing. >> a woman who went to check on a relative's cat end up the victim of rape. it pp haedenin loudoun county whe e erthedsheriff's departmen is looking for help in solving the case. peggy fox has the story. >> i can't believe something like this would happen. >> in this area. >> you wouldn't expect a crime like this to happen out here, where fiel
by a shark. the rescuer joining us live. our slogan this hour comes from ray in north carolina. ray says, forget the rest. when it comes to news, "fox & friends" is simply the best. [captioning made possible by fox news channel] captioned by the national captioning institute --www.ncicap.org-- gretchen: good morning, everyone. we hope had you great weekend. brian is taking a little time off and peter johnson jr. is sitting in his seat. good to have you with us. peter: nice to be here. gretchen: maybe you checked out the news over the weekend. maybe you paid attention to this one. taxes are coming to everyone's way now? could it be true? after obama pledged that everyone who made under $250,000 would not feel the tax hike. timothy geithner on the talk show says middle class, you may be hit. >> the president has said the taxes won't go up for any americans earning under $250,000. doesn't appear is he going to be able to keep that promise to bring the deficits counsel down. >> we can't make those judgments what it's going to take and how it's going to be there. what it's going to take no on
. 202-737-0002 for democrats. we also have a line for independents, and send us a tweed. inside "usa today" the health- care battle bubbling over in town hall forums across the nation this month, shifting to tv screens. if you go to the website politico.com, a $12 million edged campaign committee latest wave of ads in support of the president's plan. mike allen joins us. can you explain what this is all about. guest: the $12 million buy, which is the first of tens of millions of dollars of money going out in support of the president's plant is an effort by white house allies to counter all the great coverage we have been seeing on c-span and elsewhere of these raucous town halls. as you know, this is the reversal of the landscape that president clinton faced back in 1993 when the air waves were very much dominated by the opposition. >> this is coming -- host: this is coming at the same time as the net routes meeting in michigan, and "usa to the" is pinning it $57 million in health-care advertising. guest: it is like a presidential campaign if you are in ohio you will see more of the
to be the interesting question. the longer this program goes on, the longer people get used to being subsidized for buying a car. steve: one of the arguments in the first place to get people onboard for cash for clunkers is they said this is really going to spur people buying american cars. not so fast. it turns out four of the five top cars we told you yesterday are made by foreign brands. now, yesterday, according to data we had, the ford focus was number one. but now look at this. toyota corolla number one. ford focus number two. honda civic number three. toyota prius number four. and toyota camry number five. so essentially cash for clunkers has turned into a huge bailout for toyota. peter: and the transportation secretary yesterday in the interview gretchen conducted made it clear in response to our question. well, yeah, this is an american program. this was done to benefit american cars. gretchen: but under the auspice of the fact that a lot of those toyotas artoyotas are manufactun the u.s. but the p.r. message is not a good one. a very interesting point that i would like to make is -- y
much for being with us, mr. haros. here now, wolf blitzer in "the situation room." >>> rick, thank you. happening now, breaking news. an historic vote by the united states senate confirming judge sonia sotomayor as the first hispanic justice of the united states supreme court. we have reaction from president obama that's just in. also, former president bill clinton peppered with questions about his successful mission to bring back two american journalists from north korea. what he's saying and what he isn't saying. >>> plus, cnn marks 200 days in office for president obama with a new national report card and a new poll on the president's approval rating. is the public still backing the president? i'm wolf blitzer in cnn's command center for breaking news, politics, and extraordinary reports from around the world. you're in "the situation room." >>> following breaking news this hour. federal appeals court judge sonia sotomayor just confirmed by the senate to be the country's 111th supreme court justice. only the third woman and most significantly the first hispanic to sit on the nation'
. this is it. this fire beginning on wednesday and now it's going to be a wild. that's it for us. much more straight ahead here on cnn throughout the evening. thanks so much for being with us. >>> this is gps, the global public square. welcome to all of you in the united states and around the world a terrific program for you. i want to show you once more an important and press sent interview i did back in april with former secretary of state james baker. i say prescient because in the voice of our conversation baker voiced some concerns about the few that you are that turned out to be correct. when i asked him how president obama was doing for instance, he warned the president not to take on too many big issues at once. he suggested that for obama to tackle health care so early in his presidency might be politically risky. and on international issues, the u.s. relationship with russia, the pull out from iraq, a number of others, he had fascinating insights that seem particularly relevant in light of recent events. i won't give it all away, but as you are listening to this shrewd political o
in this morning. you also reach us by e-mail, journal@c-span.org, and on twitter. the obama's are not in the white house this week, but the white house will have a special visitor this week. a philadelphia family will get a tour of the white house. one dozen of the descendants of jennings will view the famous gilbert stuart portrait of washington. the story this morning that we are asking you about is afghanistan. here is the front page of "the new york times." the military says that the afghan forces is insufficient. "military troops sought for procurement in war. the chief envoy to the region this weekend said that they did not have enough troops to do their job, pushed past their limits by taliban rebels who operate across the borders. taliban insurgents continued to bombard the towns and villages with rockets despite a new influx of american troops. in eastern afghanistan, a network of militants has become a main source of attacks against american troops and their afghan allies." further down, "the assessment comes after stanley mcchrystal revealed that he was working to complete a major war s
>> save it for next week. >> eric: thank you. that does it for us. i'm eric shawn. thank you for watching. >> jamie: i'm jamie colby. great to have you with us. shannon bream takes you from here. america's news headquarters continues from washington. have a great day. >> shannon: a wildfire north of los angeles is threatening 10,000 homes. it tripled in size yesterday to more than 3500 acres. at least three homes have been destroyed and 1,000 homes have been evacuated. the u.s. forest service calls the fire "the perfect storm" of fuels, weather and topography. first we begin with a fox news exclusive. former vice president dick cheney hasn't minced words in his criticism of the obama administration. and now he's blaming the justice department after attorney general eric holder went forward with a probe of the c.i.a. molly has more from washington -- malani wilkes has more from washington. >> they called at it terrible decision to appoint a special prosecution. saying that the obama administration is caving to pressure from the left wing of the democratic party and calls the i
it was quick, yeah. >> what did you guys do next offer saw this? >> we all, three of us girls, we all called 911. i think it was probably busy, so it said leave a message. so that was a little bit funny, but very soon in about a minute, i just see like all the other helicopters and people coming for the rescue. so it was very quick. >> did you see a plane? did you see a plane? >> no, i did not see a plane. i didn't know there was a crash. i just thought it's probably a malfunction. >> did you them starting to pull people out of the water? >> i see a lot of people come and start trying to rescue. lots of boats started to drive towards the helicopter. >> did you see people in the water? were there people swimming that immediate rescued? ? >> die not see that. i did not see a struggle or anything, but i see people try to come and help. >> where were you, golfing? >> chelsea pier. >> where were you exactly when you saw it? >> i was on level d or c. i think level d. we were golfing. chelsea pier golf club. >> tell me more about the rescue effort. you were are both red heading to the scene. i saw
to be an election. we'll be back with another national report card then. thanks very much for joining us. we'll have more tomorrow on "american morning" and "the situation room." let's go to a special "360" right now. erica hill filling in. erica? >>> breaking news on two fronts, including the apparent killing of one of america's top enemies in afghanistan and pakistan. first, it is a "360" exclusive. in her first interview since her sister's return, lisa ling tonight joining us on "360" to talk about what's happened since her sister laura and her colleague, euna lee, came home from north korea. how they're re-adjusting and how euna's 4-year-old daughter hana is doing now that mommy is finally home. former president bill children securing their release. he spoke publicly about that trip for the first time today. but frankly, said very little. >> i wanted those young women to be able to come home. and i wanted our two countries to have the ability to decide where to go from here. it would be wrong for me to say any more. the young women can speak for themselves about their experiences. the pictures w
a certain galaxies and the distance it is speeding from us. once you have a relation between the distance and the speed, and the relation, but the way, is linear so if something is more distant, it moves faster from us -- once you have a relation like this, you can roll it back, like a video that you run backward, and you can discover when it did the expected start. if i tell you that the distance from here to baltimore is -- i don't know what it is -- 40 miles, let's say, it will take you an hour to get there. of course, it never does, because the parkway is always full of repairs and things, but that is a different question. in this particular case, you can use this to roll the movie of the universe back and discover how old are universe is. the problem is, in astronomy, while you can determine speeds relatively easy, because you use something that is similar to the doppler effect, this thing that when something moves away, waves gets spread out, so you can, by seeing how waves gets spread out, it tell how fast it is moving, distances are very difficult to tell in astronomy. you look to
was stolen and left in an italian orphanage. he joins us live with his dramatic story. >>. >> a jewel heist out a hollywood movie. how did crooks steal sz 65 million worth of jewels s in d how did crooks steal sz 65 million worth of jewels s in d daylight? captions paid for by abc, inc. >>> good morning, alongside chris cuomo, i'm robin roberts diane sawyer is off on this wednesday, august 12th. president obama becoming a sort of fact-checker in chief. >> he hasn't seen the ugly scenes we've seen elsewhere, he's the president after all. but look at los angeles this morn, people lining up for free health care. >> so let's begin with our senior white house correspondent jake tapper with the latest on the owing battle over reform. good morning, jake. >> reporter: good morning, robin. the debate over health care reform dominated by the president's opponents but he's seeking to regain moment ul and in doing so, has raised the stakes in this furious fight. >> you and your cronies in the government -- >> reporter: summer recess no day at the beach for many members of congress. democrats contin
for starting the special olympics. her family said she set out to change the world and change us. and she did that and more. growing up alongside her dashing brothers, jack, ted and bobby, eunice shriver held a front-row seat to some of the greatest and some of the most tragic moments of the 20th century. but it was an unheralded member of the family, who inspired her life's work. her mentally challenged sister, rosemary. >> she taught us all, that adversity meant almost nothing. and that it could always be fun for all of us to be together. >> reporter: mrs. shriver shared a special closeness with rosemary. spending extra time with her. making sure she always felt included. that was a life lesson she never forgot. >> she founded the scial olympics in 1968, to get people with intellectual disabilities the chance to develop physical fitness, to create friendships and experience the joy of sports competition and achievement. >> well done. >> reporter: the games immediately became much more than athletic competitions. for over 40 years, they have brought understanding, inclusion, and acceptance t
to scotland. diana joining us with more on this dramatic development. diana, tell us what happened. >> reporter: well, wolf, about eight hours ago the scottish justice minister made this announcement, and shortly after that the extraordinary sight of a man who, as you say, has served only seven years leaving the prison behind me a free man. and, remember, he was convicted of killing 270 people in the lockerbie bombing in 1988. so, he's now touched ground in libya. and we heard from his lawyer earlier, really the only statement that anyone has heard from al megrahi over the last eight years. >> many people, including the relatives of those who died in and over lockerbie, are, i know, upset at this end. but nothing more can be done about the circumstances of the lockerbie bombing. i share their frustration. i have most to gain and nothing to lose about the whole truth coming out. until my diagnosis of cancer. to those victims' relatives who hear me say this, they continue to have my sincere sympathy for that unimaginable loss that they have suffered. to those who bear me ill will, th
these charges. we will say, again, as we've said before that we said before when they left u.s. soil, they never intended to cross to north korea. according to the charges, they confessed. so we know they're sorry. we're very sorry. and we hope that the north korean government now will show compassion and just let them come home. >> lisa, i mean, does it concern you that the north korean government is saying they were there for a smear campaign, not acknowledging they were independent journalists? >> all we can say is that they are journalists and they were doing their job. my sister has been a journalist for years. and that's really all we can say. you know, we weren't in the courtroom. we don't know any sort of specifics other than what was released. we just hope, you know, given the fact that we know the girls have apologized profusely, that they will let the girls come home to us. it's been -- it's been three months. and that's been too long for us. >> stay with us. because coming up in five minutes' time, we're going to be talking to victor cha, the director of asian affairs at the white ho
xamped out in the halls of the capitol through all of this. she joins us with an update. hi, dana. they're headed out now for summer recess. without either the house or the senate passing health care reform. let's start with the house. where do things stand? >> reporter: this is probably going to be a crude analogy, but i'll try it anyway. since it's the summertime. you know that game on the boardwalk whack-a-mole, you hit one and another pops up. that's what's going on with the house democratic leadership. because before leaving for recess, they calmed a revolt among the blue dog conservative democrats. and they made some changes to their health care bill. for example, they pared down a little bit, the simplistic way of saying it, but they pared down the government-run health care option. you know what happened? the liberal democrats, they -- that ignited a revolt among them. so they calmed the conservatives and the liberals popped up. that's basically where things stand right now. in the house. they're hoping when they come back, they can get everybody together and pass in the fall a
's 48 birthday. we will begin by talking about taxes, the deficit, and the u.s. economy. what are the headlines that we want to bring to your attention? this front-page of "the hill" newspaper. airports that the obama administration on monday quickly shot down a trial balloon that opened the possibility of new taxes on middle-class up for the nba came under heavy fire from labor unions, liberal leaders, and republicans. the press secretary robert gibbs scramble to backtrack on the idea. we will show you later on what he said to reporters at the what does. inside, the reporting of two reporters -- as the economic policy is working, and public appearances the president will attempt to regain the initiative on the economy. it says he has had several weeks of rocky support. we're joined this morning by the reporter from "the washington post." all this dovetails into what we will see later this week as he travels to indiana and tomorrow to detroit. what can we expect? guest: you can expect talk about the reason gdp numbers. never has a shrinking quarter been so welcomed by a white
the heat of the ongoing recession. president obama says the worst of it may, repeat, may, be behind us. >> we have a steep mountain to climb, and we started in a very deep valley. but i have faith in the american people, in their capacity for hard work, and innovation and their commitment to one another and their courage to face adversity. >> we're going to go inside the new unemployment numbers with cnn's chief business correspondent ali velshi and find out who's faring best, who's faring worst. but first our senior white house correspondent, ed henry. what else is the president saying about the new numbers? >> wolf, the president was certainly not popping any champagne corks in the rose garden today, but he was toasting his own administration's achievements. even though there are a lot of people still not celebrating. >> reporter: the upbeat jobs report is little comfort to greg thompson, who just feels fortunate the unemployment benefits he collects at the one-stop career center in washington, d.c., were recently extended. >> for me, i'm just glad we did, but there's no jobs. i mean
who standing by to go on the record. thank you for being with us. >> julie: i'm julie banderas, welcome to america's news headquarters. >> gregg: i'm gregg jarrett. topping the news this hour, it's been a mystery for nearly two decades. captain michael scott speicher a u.s. navy pilot shot down back in 1991-his remains never found until now. we've got some new information to share with you. it is bringing his family some closure. the families first public statement in a couple of minutes. >> julie: tragedy at a music festival. an outdoor stage comes crashing down killing one person and injuring more than 70 others. >> gregg: a massive forest fire, raging out of control. take a look at this. we're going to tell you where several thousand people had to go to dodge this massive fire. >> julie: our first and top story, he was the first american soldier lost in the gulf war and for nearly two decades no one knew whether he was alive or dead. now, the mystery is finally over. pentagon says the remains of the pilot captain michael scott speicer has been identified. his plane was shot
and abroad, and still a woman of formidable talent and drive. can she use all that to carve out a role and what distinctive mark does she want to leave in her position as secretary of state? what is her vision for the world? these are some of the questions i asked her in nairobi, kenya. let's get started. >> madam secretary, thank you for taking time out of this very hectic schedule to spend with us. >> thank you fareed. thank you for coming to nairobi for this opportunity. >> it is my pleasure. north korea, tell us a little bit more about it. so president clinton comes back, he spends three hours talking to the leader of north korea, kim jong-il what was his impression? >> we're going to get a full debriefing which we really haven't had a chance to get. >> you haven't had the chance to speak to him? >> i did. i spoke to him on the phone, but i have this policy that i never talk about what i talk to my husband about, fareed. obviously what we're hoping is that maybe without it being part of the mission in any way, the fact that this was done will perhaps lead the north koreans to recog
is scheduled for saturday at a boston church where senator kennedy used to pray for his daughter when she had cancer. he will be laid to rest at arlington. he will lie next to several kennedy's including his brothers. there's much more on his life and passing at foxnews.com. we have an interactive timeline there. there are some pretty special images of the kennedy family. much more on the staff of senator kennedy, we will go live to the family compound and look back at some of the most memorable speeches. first, some of the day's other news including a warning about what the taliban as new leader in pakistan may be planning. that warning is next. n diabetics on medicare. hello, i'm john fox---you may know that i'm a professional bass fisherman. but you may not know that i have diabetes. and it's never slowed me down thanks to the good folks at liberty medical. i've been a liberty medical patient for years and have relied on them for all my diabetic needs. and, if you call now you'll receive a free meter. it's easy to use with fast results. even the shipping is free and medicare may cover the
is that this recession is ending right under us right now probably. >> absolutely. the information we're seeing this week on jobs is completely consistent. it's confirming that. back in april looking at forward-looking indicators it became clear the recession ends this summer. sometime between memorial day and labor day. we won't get the exact date for another year. >> the exact date won't matter to most people. >> that's history by then. here it's like what's going on? is it getting worse or better? definitely that trend you went over is shows us it's getting better. it doesn't mean it feels good and the recession is over at this moment because we're looking jobs. you actually have to grow jobs to say that you're in an expansion. >> you have a great map. you have a different map that i talked about unemployment rate, the percentage of people unemployed. yours is different. this talks about job gains or losses. take a look at this map and tell us what's going on. i think it looks terrible. the whole country is in decline, but for four states. >> the red tells you that the trend is down, you're losing job
economists as well as "business week's" diane brady with us in a few moments. and we have here on set, christine romans and suzanne malveaux. we start with suzanne. clearly a lot of challenges. when he gets it grade, from our polling, people are saying there's still work to be done on the economy. >> the one thing you hear from president obama is i inherited this problem. this is a big problem i got from president bush. one thing they accomplished and they're proud of is the stimulus package. you say, look, you can see that recovery in the housing market. you can see some signs of things changing, turning around, they perhaps headed off the worst depression of all time by being in the deep recession. the second thing is they've taken on the auto industries looking for general motors. the cash for clunkers program incredibly popular. billions of dollars have poured in to this. they've managed to increase the sales, chrysler, gm, honda, you name it. taking on wall street. it's a campaign pledge. they wanted to clean up their act. so they've gotten tougher regulations. one of the things
to share your opinions on three platforms, by twittering or e-mailing us. the new york times is where we'll start, a story by katherine rappel, hopeful sign, output declines at slower pace. this is what the authors have to say this morning. the nation's output shrinks at 1% in the second quarter after contracting at a rate of 6.4% earlier this year, government spending, by the first $787 billion stimulus package propped up activity in the latest quarter and accounted for 20% of the country's output. but consumer spending, which makes up 70% of the overall economic activity has continued to fall as fearful americans save more. many economists express concern about what will happen once government spending lets up if consumers remain worried about losing their jobs and their weakened household finances. again, that from the pages of "the new york times" this morning. looking at it from a different take, "the wall street journal" in its editorial section this morning, here is how they phrase it "poised for a rebound" is how they title it. here are some of the thoughts from some of the folks
action" in rescuing the u.s. economy. bernanke's current term at the fed ends in january. his nomination still needs to be confirmed by congress. but today, the fed chairman promised to continue work to restore stability in the economy and the markets. >> we have been bold or deliberate as circumstances demanded but our objective remains constant, to restore a more stable financial and economic environment in which opportunity can again flourish and in which americans' hard work and creativity can receive their proper rewards. >> susie: joining us now with more on bernanke, laurence meyer, former fed governor and now vice chairman, macroeconomic advisers and david jones, c.e.o. of d.m.j. advisors and author of "unlocking the secrets of the fed". test. >> good evening. >> larry, let me begin with you. you support the bernanke renomination. tell us why. >> yes, unquestionably. the first issue you have to decide on, whether you think he deserves to be reappointed. that's a question of how good a job he's done as chairman. i believe he's done an exceptional job during extraordinary times. he
cemetery. senator kennedy is reunited with his brothers at last. thanks for joining us tonight. i'm will thomas. >> i'maureen umeh. tonight'surial capped off four days of heart-tugging remembrances from boston to d.c. we have coverage for you. matt ackland is live at arlington national cemetery to get us started. matt? >> reporter: maureen, what an outpouring of love and support for the late senator. his body arrived at and uses -- andrews air force base this afternoon and then taken to the u.s. capitol for a short service there. the procession went through the district for the last time, over the memorial bridge and here to arlington cemetery. the senator was buried where he wanted to be, next to his two brothers. as the late senator's body touched down at andrews air force base, the final leg of the long goodbye began. under police escort, kennedy's casket was escorted first to the united states capitol building for a short service at the foot of the senate steps and as the hearse pulled into sight, thousands of hill staffers and membe of the public began to applaud. kennedy's l
speech, and that was on the question of civil rights. i have seen what discrimination at home does to us. this is not a political issue. it is a moral issue. >> i was very conscious that that whole move to strike down the barriers of race, was perhaps the most difficult crisis that the country has come to grips with. and the president wanted to make the progress in civil rights, recognized the moment in terms of american history, so was a very emotional time with the lunch counter sit-ins, the dogs, biting at students from george wallace, and the school house door, with calling out the national guard in southern states. >> go home! >> and it was a time when there really had to be strong presidential leadership. >> we are confronted primarily with a moral issue. it is as old as the scriptures and is as clear as the american constitution. >> president kennedy was the one that called it the greatest moral issue that we face, the first president to do so. and i think that that really goes back to the time of my mother's sort of teaching, and the lessons that she was able to give to us, in te
this morning. they're asking questions about what, in fact, the u.s. may have given up to north korea. peter: americans delighted that these young journalists have been returned. it's great to have americans back on our soil soon of the but there is a question about what price will be paid for this negotiation. clearly bill clinton did a tremendous job in getting these people back. and i think one of the conditions of his trip was knowing that in fact, he would be successful in bringing the americans back. but in doing so, have we restored north korea to the community of nations? and they put out an absolute propaganda statement that the former president of the united states had basically confessed to the crimes of these two young women who were doing nothing else but being american journalists. steve: clinton expressed words of sincere apology to kim jong il for the hostile acts committed by the girls. clinton courteously conveyed to kim jong il an ernest request of the u.s. government to leniently pardon them. peter: i don't think he admitted that they did it. steve: bill clinton would not
the results later on in the program. joining me now is congressman jim moran. great to have you with us tonight. >> it's always good to be with you, ed. >> what do you make of tom daschle being invited over to the white house today. is this a signal that the president may be ready to make a decision on the public option and draw the line in the sand? what's your take on that meeting? iechlt i have no idea what tom told the president, ed. i hope he didn't suggest that we compromise because listening to the beginning of your show, i completely agree with you. this thing doesn't work unless we have a public option. any more than the military care of veterans works without the federal government taking on the responsibility to make sure that every veteran gets medical care that we need. same thing with medicare. it wouldn't have worked if we had come up with some kind of nonprofit cooperative based upon seniors getting together and pooling their resources. when something is important enough, the american people need to get together, get the resources of their government in there and do it r
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